by Zach | Apr 13, 2021 | Press Release
Apr 13, 2021 • 9:00 am EDT
MANHATTAN BEACH, Calif.–(BUSINESS WIRE)–
SKECHERS USA, Inc. (NYSE: SKX), a global leader in lifestyle and performance footwear, today announced that it will release its first quarter 2021 financial results after market close on Thursday, April 22, 2021. A conference call will be held the same day at 4:30 p.m. ET / 1:30 p.m. PT. Participating on the call will be David Weinberg, Chief Operating Officer, and John Vandemore, Chief Financial Officer.
The call can be accessed on the Investor Relations section of the Company’s website at investors.skechers.com. For those unable to participate during the live broadcast, a replay will be available beginning April 22, 2021 at 7:30 p.m. ET, through May 6, 2021, at 11:59 p.m. ET. To access the replay, dial 844-512-2921 (U.S.) or 412-317-6671 (International) and use passcode: 13718661.
About SKECHERS USA, Inc.
Based in Manhattan Beach, California, Skechers designs, develops and markets a diverse range of lifestyle and performance footwear, apparel and accessories for men, women and children. The Company’s collections are available in the United States and over 170 countries and territories via department and specialty stores, and direct to consumers through 3,891 Company and third-party-owned retail stores and e-commerce websites. The Company manages its international business through a network of global distributors, joint venture partners in Asia, Israel and Mexico, and wholly-owned subsidiaries in Canada, Japan, India, Europe and Latin America. For more information, please visit about.skechers.com and follow us on Facebook, Instagram, Twitter and TikTok.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210413005259/en/
Investor Relations:
Addo Investor Relations
Andrew Greenebaum
310-829-5400
Source: SKECHERS USA, Inc.
by Zach | Mar 8, 2021 | Press Release
Mar 8, 2021 • 4:05 pm EST
MANHATTAN BEACH, Calif.–(BUSINESS WIRE)–
SKECHERS USA, Inc. (NYSE:SKX), a global footwear leader, today announced that John Vandemore, Chief Financial Officer, will participate in a virtual fireside chat at the UBS Global Consumer & Retail Conference on Wednesday, March 10, 2021 at 11:00 a.m. PT.
The audio portion of the virtual fireside chat will be available live and on replay for 90 days at investors.skechers.com.
About SKECHERS USA, Inc.
Based in Manhattan Beach, California, Skechers designs, develops and markets a diverse range of lifestyle and performance footwear, apparel and accessories for men, women and children. The Company’s collections are available in the United States and over 170 countries and territories via department and specialty stores, and direct to consumers through 3,891 Company and third-party-owned retail stores and e-commerce websites. The Company manages its international business through a network of global distributors, joint venture partners in Asia, Israel and Mexico, and wholly-owned subsidiaries in Canada, Japan, India, Europe and Latin America. For more information, please visit about.skechers.com and follow us on Facebook, Instagram, Twitter and TikTok.
This announcement contains forward-looking statements that are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may include, without limitation, Skechers’ future domestic and international growth, financial results and operations including expected net sales and earnings, its development of new products, future demand for its products, its planned domestic and international expansion, opening of new stores and additional expenditures, and advertising and marketing initiatives. Forward-looking statements can be identified by the use of forward-looking language such as “believe,” “anticipate,” “expect,” “estimate,” “intend,” “plan,” “project,” “will be,” “will continue,” “will result,” “could,” “may,” “might,” or any variations of such words with similar meanings. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in forward-looking statements. Factors that might cause or contribute to such differences include the disruption of business and operations due to the COVID-19 pandemic; international economic, political and market conditions including the challenging consumer retail markets in the United States; sustaining, managing and forecasting costs and proper inventory levels; losing any significant customers; decreased demand by industry retailers and cancellation of order commitments due to the lack of popularity of particular designs and/or categories of products; maintaining brand image and intense competition among sellers of footwear for consumers, especially in the highly competitive performance footwear market; anticipating, identifying, interpreting or forecasting changes in fashion trends, consumer demand for the products and the various market factors described above; sales levels during the spring, back-to-school and holiday selling seasons; and other factors referenced or incorporated by reference in Skechers’ annual report on Form 10-K for the year ended December 31, 2020. More specifically, the COVID-19 pandemic has had and is currently having a significant impact on Skechers’ business, financial conditions, cash flow and results of operations. Forward-looking statements with respect to the COVID-19 pandemic include, without limitation, Skechers’ plans in response to this pandemic. At this time, there is significant uncertainty about the COVID-19 pandemic, including without limitation, (i) the duration and extent of the impact of the pandemic, (ii) governmental responses to the pandemic, including how such responses could impact Skechers’ business and operations, as well as the operations of its factories and other business partners, (iii) the effectiveness of Skechers’ actions taken in response to these risks, and (iv) Skechers’ ability to effectively and timely adjust its plans in response to the rapidly changing retail and economic environment. Taking these and other risk factors associated with the COVID-19 pandemic into consideration, the dynamic nature of these circumstances means that what is stated in this press release could change at any time, and as a result, actual results could differ materially from those contemplated by such forward-looking statements. The risks included here are not exhaustive. Skechers operates in a very competitive and rapidly changing environment. New risks emerge from time to time and we cannot predict all such risk factors, nor can we assess the impact of all such risk factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements as a prediction of actual results. Moreover, reported results should not be considered an indication of future performance.
Investor Relations: Andrew Greenebaum
Addo Investor Relations
[email protected]
Press: Jennifer Clay
Vice President, Corporate Communications
(310) 937-1326
Source: SKECHERS USA, Inc.
by Zach | Mar 1, 2021 | Press Release
Mar 1, 2021 • 9:00 am EST
Skechers Kids Also Wins Footwear Plus’ Excellence in Children’s Design Award for its New Collections and Innovations

MANHATTAN BEACH, Calif.–(BUSINESS WIRE)– For the ninth time in the past 15 years, Skechers has been honored as Company of the Year by Footwear Plus. Along with the top honor for 2020, Skechers Kids received the Excellence in Children’s Design Award, the fourth such accolade from Footwear Plus that the Company has won for its popular kids’ styles.
“After such an unprecedented 2020, it’s a great honor for Skechers to be recognized as Company of the Year,” said Michael Greenberg, president of Skechers. “We began the year at full throttle building on the growth of record sales in 2019. When faced with the pandemic, we were able to pivot quickly to navigate this difficult year. Key to this was developing fresh product that focused on the comfort consumers desired, doubling down on e-commerce when stores closed, and investing in our infrastructure to prepare for the future. This was only possible thanks to the hard work, dedication, and resilience of everyone in the Skechers organization.”
Added Greenberg: “Skechers is a family brand that designs footwear to meet the needs and wants of people of all ages. We believe that developing shoes for the littlest of feet is just as important as for adults. Parents look to our boys’ and girls’ collections for durability, comfort, and quality in every pair, plus that signature fun factor that Skechers delivers best. In this year of remote learning, families turned to the brand they trust most, and we appreciate the acknowledgement of Skechers Kids with the Children’s Design Award for all our efforts.”
“Congratulations to Skechers on its Company of the Year and Children’s Design Plus Awards for 2020,” said Greg Dutter, editorial director of Footwear Plus, creators of the 22nd annual industry accolades recognizing excellence in design and retail. “Skechers was recognized because they were able to pivot, adapt and navigate a year that involved extensive business disruption due to the ongoing global pandemic. Their casual and comfortable collections were exactly what consumers wanted at just the right time. Plus, despite the challenges, Skechers continued to innovate on trend and in style with collaborations and exciting designs for kids.”
Skechers’ previous Footwear Plus awards include the Company of the Year Award in 2005, 2006, 2008, 2009, 2010, 2014, 2015, and 2019 and Plus Awards for Design Excellence in 2000 for Young Women’s Fashion; 2001 for Women’s Streetwear; 2002 for Kids’ Fashion; 2005 and 2006 for Men’s Streetwear; 2013 for the Running and Children’s categories; 2014 for Running Design; 2015 for Athleisure; and 2016 and 2019 for its Skechers Kids product.
Skechers is the world’s third largest athletic lifestyle footwear brand and offers a growing collection of footwear, apparel and accessories for every age and activity. In addition to the Company’s award-winning Skechers Kids collection, Skechers’ DNA spans core collections like Skechers Sport, Skechers USA and Modern Comfort; the philanthropic offering BOBS from Skechers; performance lines such as Skechers GOrun, Skechers GOwalk and Skechers GO GOLF; and Skechers Work for safety and comfort on the job. Comfort is a focus across the entire Skechers range including Max Cushioning plus patented and podiatrist-certified Arch Fit. Styles across multiple categories feature innovative Goodyear outsoles for enhanced traction, stability and durability. Within Skechers lifestyle collections are buzz-worthy collaborations with known brands and properties including renowned children’s author Dr. Seuss and muralist James Goldcrown.
Celebrity product endorsees for Skechers’ collections include TV personality Brooke Burke; Dodgers’ ace pitcher Clayton Kershaw; football legends Tony Romo and Howie Long; Raiders head coach Jon Gruden; and boxing icon Sugar Ray Leonard. The Company’s performance ambassadors include elite marathon champion and Boston Marathon winner Meb Keflezighi; elite runner Ed Cheserek; and pro golfers Matt Kuchar, Brooke Henderson, Billy Andrade and Colin Montgomerie.
About SKECHERS USA, Inc.
Based in Manhattan Beach, California, Skechers designs, develops and markets a diverse range of lifestyle and performance footwear, apparel and accessories for men, women and children. The Company’s collections are available in the United States and over 170 countries and territories via department and specialty stores, and direct to consumers through 3,891 Company and third-party-owned retail stores and e-commerce websites. The Company manages its international business through a network of global distributors, joint venture partners in Asia, Israel and Mexico, and wholly-owned subsidiaries in Canada, Japan, India, Europe and Latin America. For more information, please visit about.skechers.com and follow us on Facebook, Instagram, Twitter, and TikTok.
This announcement contains forward-looking statements that are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may include, without limitation, Skechers’ future domestic and international growth, financial results and operations including expected net sales and earnings, its development of new products, future demand for its products, its planned domestic and international expansion, opening of new stores and additional expenditures, and advertising and marketing initiatives. Forward-looking statements can be identified by the use of forward-looking language such as “believe,” “anticipate,” “expect,” “estimate,” “intend,” “plan,” “project,” “will be,” “will continue,” “will result,” “could,” “may,” “might,” or any variations of such words with similar meanings. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in forward-looking statements. Factors that might cause or contribute to such differences include the disruption of business and operations due to the COVID-19 pandemic; international economic, political and market conditions including the challenging consumer retail markets in the United States; sustaining, managing and forecasting costs and proper inventory levels; losing any significant customers; decreased demand by industry retailers and cancellation of order commitments due to the lack of popularity of particular designs and/or categories of products; maintaining brand image and intense competition among sellers of footwear for consumers, especially in the highly competitive performance footwear market; anticipating, identifying, interpreting or forecasting changes in fashion trends, consumer demand for the products and the various market factors described above; sales levels during the spring, back-to-school and holiday selling seasons; and other factors referenced or incorporated by reference in Skechers’ annual report on Form 10-K for the year ended December 31, 2020. More specifically, the COVID-19 pandemic has had and is currently having a significant impact on Skechers’ business, financial conditions, cash flow and results of operations. Forward-looking statements with respect to the COVID-19 pandemic include, without limitation, Skechers’ plans in response to this pandemic. At this time, there is significant uncertainty about the COVID-19 pandemic, including without limitation, (i) the duration and extent of the impact of the pandemic, (ii) governmental responses to the pandemic, including how such responses could impact Skechers’ business and operations, as well as the operations of its factories and other business partners, (iii) the effectiveness of Skechers’ actions taken in response to these risks, and (iv) Skechers’ ability to effectively and timely adjust its plans in response to the rapidly changing retail and economic environment. Taking these and other risk factors associated with the COVID-19 pandemic into consideration, the dynamic nature of these circumstances means that what is stated in this press release could change at any time, and as a result, actual results could differ materially from those contemplated by such forward-looking statements. The risks included here are not exhaustive. Skechers operates in a very competitive and rapidly changing environment. New risks emerge from time to time and we cannot predict all such risk factors, nor can we assess the impact of all such risk factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements as a prediction of actual results. Moreover, reported results should not be considered an indication of future performance.
Media Contact:
Jennifer Clay
SKECHERS USA, Inc.
310.937.1326
Source: SKECHERS USA, Inc.
by Zach | Feb 17, 2021 | Press Release
Feb 17, 2021 • 9:00 am EST
The Company’s BOBS from Skechers Movement Has Helped Save and Support More Than One Million Shelter Dogs and Cats in the United States and Canada
MANHATTAN BEACH, Calif.–(BUSINESS WIRE)–
Skechers has reached an important milestone in its commitment to animal welfare by contributing more than $6.2 million to date to help save and support more than one million shelter dogs and cats in the United States and Canada. Through sales of its BOBS from Skechers collection, the Company’s donations continue to provide crucial aid to animals in need. More than $2.7 million of these contributions have benefited thousands of animal organizations through the Petco Foundation.
Through its partnership with Petco Foundation and animal welfare organizations, Skechers has donated more than $6.2 million to help to save and support over a million shelter dogs and cats in the United States and Canada, like Eggnog, adopted from Our Best Friends Rescue in Rockaway, NJ, and the rescues at Two Chihuahuas foster-based rescue in Scottsdale, AZ. Photo credits: @thestumpybrigade (left) and @twochihuahuas (right)
Through its partnership with Petco Foundation and animal welfare organizations, Skechers has donated more than $6.2 million to help to save and support over a million shelter dogs and cats in the United States and Canada, like Eggnog, adopted from Our Best Friends Rescue in Rockaway, NJ, and the rescues at Two Chihuahuas foster-based rescue in Scottsdale, AZ. Photo credits: @thestumpybrigade (left) and @twochihuahuas (right)
“From its inception, BOBS from Skechers was about giving back—first to children in need with new footwear, and then in 2015 to animals in need. It’s incredible to see how we’ve raised over $6 million for animals, including over $2.7 million for Petco Foundation’s extensive animal shelter and support network in just two years,” said Michael Greenberg, president of Skechers. “To see us reaching these milestones in a year this challenging speaks volumes about our consumers’ engagement and belief in the BOBS movement.”
“Many people in isolation have been finding comfort in the unconditional companionship of shelter pets due to the quarantine. Pets change our lives for the better—and the past year definitely served as a reminder that they make our world a better place,” said Susanne Kogut, president of Petco Foundation. “Our partnership with BOBS from Skechers is essential as we continue to save pet lives through adoption, medical care and numerous other lifesaving initiatives throughout the nation.”
Initially a philanthropic collection of slip-on styles that donated new shoes to children in need, the BOBS from Skechers movement has grown to help protect shelter animals through a diverse collection of sandals, sneakers, boots and slippers, including collaborations with icons like Doug the Pug and James Goldcrown. BOBS has also expanded beyond footwear to offer apparel and accessories, from tops and bottoms for pet lovers to pet beds and harnesses at Petco.com. For every BOBS item purchased in the United States and Canada, a donation is made to the Petco Foundation to help save and support shelter animals through their partnership with 4,000+ lifesaving animal welfare organizations across the nation.*
The BOBS from Skechers collection is available at Skechers.com, Skechers stores and select department and specialty locations in the United States. To learn more, follow BOBS from Skechers on Facebook, Twitter and Instagram, or visit BOBSfromSkechers.com.
* Skechers U.S.A., Inc., 228 Manhattan Beach Blvd., Manhattan Beach, CA 90266, 310-318-3100. Petco Foundation, 654 Richland Hills Drive, San Antonio, TX 78245, 858-453-7845. During the promotion, twenty-five cents USD will be donated to the Petco Foundation per item of specially marked BOBS from Skechers footwear, apparel and accessories sold in the U.S., to help save the lives of dogs, cats and other pets in America’s shelters. The promotion runs January 1, 2019 through December 31, 2021.
Skechers USA Canada Inc., 5055 Satellite Drive, Unit Number 6, Mississauga, ON L4W 5K7 Canada, 877-644-4414. Petco Foundation, 654 Richland Hills Drive, San Antonio, TX 78245, 858-453-7845. During the promotion, twenty-five cents CAD will be donated to the Petco Foundation per item of specially marked BOBS from Skechers footwear, apparel and accessories sold in Canada, to help save the lives of dogs, cats and other pets in Canada’s shelters. The promotion runs January 1, 2020 through December 31, 2021.
About SKECHERS USA, Inc.
Based in Manhattan Beach, California, Skechers (NYSE: SKX) designs, develops and markets a diverse range of lifestyle and performance footwear, apparel and accessories for men, women and children. The Company’s collections are available in the United States and over 170 countries and territories via department and specialty stores, and direct to consumers through 3,891 Company- and third-party-owned retail stores and e-commerce websites. The Company manages its international business through a network of global distributors, joint venture partners in Asia, Israel and Mexico, and wholly-owned subsidiaries in Canada, Japan, India, Europe and Latin America. For more information, please visit about.skechers.com and follow us on Facebook, Instagram, Twitter, and TikTok.
About BOBS from Skechers
BOBS from Skechers’ charitable collection of shoes, apparel and accessories have improved animals’ lives: over the past five years, Skechers has contributed more than $6.2 million to help more than 1.2 million shelter pets, including saving more than 835,000 rescued pets in the United States and Canada. It all started in 2011, when Skechers launched a movement to support children impacted by natural disasters and poverty – a cause that has helped the Company donate more than 16 million new pairs of shoes to kids in more than 60 countries worldwide. To learn more about BOBS from Skechers’ commitment to making a difference, visit BOBSfromSkechers.com and follow the brand on Facebook, Instagram and Twitter.
About the Petco Foundation
At the Petco Foundation, we believe that every animal deserves to live its best life. Since 1999, we’ve invested more than $290 million in lifesaving animal welfare work to make that happen. With our more than 4,000 animal welfare partners, we inspire and empower communities to make a difference by investing in adoption and medical care programs, spay and neuter services, pet cancer research, service and therapy animals, and numerous other lifesaving initiatives. We also partner with Petco stores and animal welfare organizations across the country to increase pet adoptions. So far, we’ve helped more than 6.5 million pets find their new loving families, and we’re just getting started. Visit petcofoundation.org to learn more about how you can get involved.
This announcement contains forward-looking statements that are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may include, without limitation, Skechers’ future domestic and international growth, financial results and operations including expected net sales and earnings, its development of new products, future demand for its products, its planned domestic and international expansion, opening of new stores and additional expenditures, and advertising and marketing initiatives. Forward-looking statements can be identified by the use of forward-looking language such as “believe,” “anticipate,” “expect,” “estimate,” “intend,” “plan,” “project,” “will be,” “will continue,” “will result,” “could,” “may,” “might,” or any variations of such words with similar meanings. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in forward-looking statements. Factors that might cause or contribute to such differences include the disruption of business and operations due to the COVID-19 pandemic; international economic, political and market conditions including the challenging consumer retail markets in the United States; sustaining, managing and forecasting costs and proper inventory levels; losing any significant customers; decreased demand by industry retailers and cancellation of order commitments due to the lack of popularity of particular designs and/or categories of products; maintaining brand image and intense competition among sellers of footwear for consumers, especially in the highly competitive performance footwear market; anticipating, identifying, interpreting or forecasting changes in fashion trends, consumer demand for the products and the various market factors described above; sales levels during the spring, back-to-school and holiday selling seasons; and other factors referenced or incorporated by reference in Skechers’ annual report on Form 10-K for the year ended December 31, 2019 and its quarterly report on Form 10-Q for the three months ended September 30, 2020. More specifically, the COVID-19 pandemic has had and is currently having a significant impact on Skechers’ business, financial conditions, cash flow and results of operations. Forward-looking statements with respect to the COVID-19 pandemic include, without limitation, Skechers’ plans in response to this pandemic. At this time, there is significant uncertainty about the COVID-19 pandemic, including without limitation, (i) the duration and extent of the impact of the pandemic, (ii) governmental responses to the pandemic, including how such responses could impact Skechers’ business and operations, as well as the operations of its factories and other business partners, (iii) the effectiveness of Skechers’ actions taken in response to these risks, and (iv) Skechers’ ability to effectively and timely adjust its plans in response to the rapidly changing retail and economic environment. Taking these and other risk factors associated with the COVID-19 pandemic into consideration, the dynamic nature of these circumstances means that what is stated in this press release could change at any time, and as a result, actual results could differ materially from those contemplated by such forward-looking statements. The risks included here are not exhaustive. Skechers operates in a very competitive and rapidly changing environment. New risks emerge from time to time and we cannot predict all such risk factors, nor can we assess the impact of all such risk factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements as a prediction of actual results. Moreover, reported results should not be considered an indication of future performance.
Caitlin Faford
Rogers & Cowan/PMK
[email protected]
Jennifer Clay
Skechers USA
[email protected]
Razan Monzer
Skechers Canada
[email protected]
Lisa Lane
Petco Foundation
[email protected]
Source: SKECHERS USA, Inc.
by Zach | Feb 17, 2021 | Press Release
Feb 17, 2021 • 9:00 am EST
The Company’s BOBS from Skechers Movement Has Helped Save and Support More Than One Million Shelter Dogs and Cats in the United States and Canada
MANHATTAN BEACH, Calif.–(BUSINESS WIRE)–
Skechers has reached an important milestone in its commitment to animal welfare by contributing more than $6.2 million to date to help save and support more than one million shelter dogs and cats in the United States and Canada. Through sales of its BOBS from Skechers collection, the Company’s donations continue to provide crucial aid to animals in need. More than $2.7 million of these contributions have benefited thousands of animal organizations through the Petco Foundation.
Through its partnership with Petco Foundation and animal welfare organizations, Skechers has donated more than $6.2 million to help to save and support over a million shelter dogs and cats in the United States and Canada, like Eggnog, adopted from Our Best Friends Rescue in Rockaway, NJ, and the rescues at Two Chihuahuas foster-based rescue in Scottsdale, AZ. Photo credits: @thestumpybrigade (left) and @twochihuahuas (right)
Through its partnership with Petco Foundation and animal welfare organizations, Skechers has donated more than $6.2 million to help to save and support over a million shelter dogs and cats in the United States and Canada, like Eggnog, adopted from Our Best Friends Rescue in Rockaway, NJ, and the rescues at Two Chihuahuas foster-based rescue in Scottsdale, AZ. Photo credits: @thestumpybrigade (left) and @twochihuahuas (right)
“From its inception, BOBS from Skechers was about giving back—first to children in need with new footwear, and then in 2015 to animals in need. It’s incredible to see how we’ve raised over $6 million for animals, including over $2.7 million for Petco Foundation’s extensive animal shelter and support network in just two years,” said Michael Greenberg, president of Skechers. “To see us reaching these milestones in a year this challenging speaks volumes about our consumers’ engagement and belief in the BOBS movement.”
“Many people in isolation have been finding comfort in the unconditional companionship of shelter pets due to the quarantine. Pets change our lives for the better—and the past year definitely served as a reminder that they make our world a better place,” said Susanne Kogut, president of Petco Foundation. “Our partnership with BOBS from Skechers is essential as we continue to save pet lives through adoption, medical care and numerous other lifesaving initiatives throughout the nation.”
Initially a philanthropic collection of slip-on styles that donated new shoes to children in need, the BOBS from Skechers movement has grown to help protect shelter animals through a diverse collection of sandals, sneakers, boots and slippers, including collaborations with icons like Doug the Pug and James Goldcrown. BOBS has also expanded beyond footwear to offer apparel and accessories, from tops and bottoms for pet lovers to pet beds and harnesses at Petco.com. For every BOBS item purchased in the United States and Canada, a donation is made to the Petco Foundation to help save and support shelter animals through their partnership with 4,000+ lifesaving animal welfare organizations across the nation.*
The BOBS from Skechers collection is available at Skechers.com, Skechers stores and select department and specialty locations in the United States. To learn more, follow BOBS from Skechers on Facebook, Twitter and Instagram, or visit BOBSfromSkechers.com.
* Skechers U.S.A., Inc., 228 Manhattan Beach Blvd., Manhattan Beach, CA 90266, 310-318-3100. Petco Foundation, 654 Richland Hills Drive, San Antonio, TX 78245, 858-453-7845. During the promotion, twenty-five cents USD will be donated to the Petco Foundation per item of specially marked BOBS from Skechers footwear, apparel and accessories sold in the U.S., to help save the lives of dogs, cats and other pets in America’s shelters. The promotion runs January 1, 2019 through December 31, 2021.
Skechers USA Canada Inc., 5055 Satellite Drive, Unit Number 6, Mississauga, ON L4W 5K7 Canada, 877-644-4414. Petco Foundation, 654 Richland Hills Drive, San Antonio, TX 78245, 858-453-7845. During the promotion, twenty-five cents CAD will be donated to the Petco Foundation per item of specially marked BOBS from Skechers footwear, apparel and accessories sold in Canada, to help save the lives of dogs, cats and other pets in Canada’s shelters. The promotion runs January 1, 2020 through December 31, 2021.
About SKECHERS USA, Inc.
Based in Manhattan Beach, California, Skechers (NYSE: SKX) designs, develops and markets a diverse range of lifestyle and performance footwear, apparel and accessories for men, women and children. The Company’s collections are available in the United States and over 170 countries and territories via department and specialty stores, and direct to consumers through 3,891 Company- and third-party-owned retail stores and e-commerce websites. The Company manages its international business through a network of global distributors, joint venture partners in Asia, Israel and Mexico, and wholly-owned subsidiaries in Canada, Japan, India, Europe and Latin America. For more information, please visit about.skechers.com and follow us on Facebook, Instagram, Twitter, and TikTok.
About BOBS from Skechers
BOBS from Skechers’ charitable collection of shoes, apparel and accessories have improved animals’ lives: over the past five years, Skechers has contributed more than $6.2 million to help more than 1.2 million shelter pets, including saving more than 835,000 rescued pets in the United States and Canada. It all started in 2011, when Skechers launched a movement to support children impacted by natural disasters and poverty – a cause that has helped the Company donate more than 16 million new pairs of shoes to kids in more than 60 countries worldwide. To learn more about BOBS from Skechers’ commitment to making a difference, visit BOBSfromSkechers.com and follow the brand on Facebook, Instagram and Twitter.
About the Petco Foundation
At the Petco Foundation, we believe that every animal deserves to live its best life. Since 1999, we’ve invested more than $290 million in lifesaving animal welfare work to make that happen. With our more than 4,000 animal welfare partners, we inspire and empower communities to make a difference by investing in adoption and medical care programs, spay and neuter services, pet cancer research, service and therapy animals, and numerous other lifesaving initiatives. We also partner with Petco stores and animal welfare organizations across the country to increase pet adoptions. So far, we’ve helped more than 6.5 million pets find their new loving families, and we’re just getting started. Visit petcofoundation.org to learn more about how you can get involved.
This announcement contains forward-looking statements that are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may include, without limitation, Skechers’ future domestic and international growth, financial results and operations including expected net sales and earnings, its development of new products, future demand for its products, its planned domestic and international expansion, opening of new stores and additional expenditures, and advertising and marketing initiatives. Forward-looking statements can be identified by the use of forward-looking language such as “believe,” “anticipate,” “expect,” “estimate,” “intend,” “plan,” “project,” “will be,” “will continue,” “will result,” “could,” “may,” “might,” or any variations of such words with similar meanings. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in forward-looking statements. Factors that might cause or contribute to such differences include the disruption of business and operations due to the COVID-19 pandemic; international economic, political and market conditions including the challenging consumer retail markets in the United States; sustaining, managing and forecasting costs and proper inventory levels; losing any significant customers; decreased demand by industry retailers and cancellation of order commitments due to the lack of popularity of particular designs and/or categories of products; maintaining brand image and intense competition among sellers of footwear for consumers, especially in the highly competitive performance footwear market; anticipating, identifying, interpreting or forecasting changes in fashion trends, consumer demand for the products and the various market factors described above; sales levels during the spring, back-to-school and holiday selling seasons; and other factors referenced or incorporated by reference in Skechers’ annual report on Form 10-K for the year ended December 31, 2019 and its quarterly report on Form 10-Q for the three months ended September 30, 2020. More specifically, the COVID-19 pandemic has had and is currently having a significant impact on Skechers’ business, financial conditions, cash flow and results of operations. Forward-looking statements with respect to the COVID-19 pandemic include, without limitation, Skechers’ plans in response to this pandemic. At this time, there is significant uncertainty about the COVID-19 pandemic, including without limitation, (i) the duration and extent of the impact of the pandemic, (ii) governmental responses to the pandemic, including how such responses could impact Skechers’ business and operations, as well as the operations of its factories and other business partners, (iii) the effectiveness of Skechers’ actions taken in response to these risks, and (iv) Skechers’ ability to effectively and timely adjust its plans in response to the rapidly changing retail and economic environment. Taking these and other risk factors associated with the COVID-19 pandemic into consideration, the dynamic nature of these circumstances means that what is stated in this press release could change at any time, and as a result, actual results could differ materially from those contemplated by such forward-looking statements. The risks included here are not exhaustive. Skechers operates in a very competitive and rapidly changing environment. New risks emerge from time to time and we cannot predict all such risk factors, nor can we assess the impact of all such risk factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements as a prediction of actual results. Moreover, reported results should not be considered an indication of future performance.
Caitlin Faford
Rogers & Cowan/PMK
[email protected]
Jennifer Clay
Skechers USA
[email protected]
Razan Monzer
Skechers Canada
[email protected]
Lisa Lane
Petco Foundation
[email protected]
Source: SKECHERS USA, Inc.